1. Kathleen Monagle says

    I wish I’d known about the things that would need to be purchased AFTER my first military move: light bulbs that broke in transit, curtains that didn’t fit, spices ruined by storage in hot warehouses, rugs for those odd spaces, little bits of this and that and it all added up. Yes, thrift shops and discount stores saved us some cash. After that first move I always planned for “moving money”.

  2. Gerald Zeigler says

    After any pay increase, save and/or invest at least half of it each month. You will still be able to enjoy the increase in pay and at some point you will be really thankful you did it.

  3. Manda Lynn McVey says

    Some states, Kentucky specifically, do not allow you to file individual state tax if your spouse has a different state of residency/domicile. And, even though your spouse is filing taxes for their own state of residency, they are required to be listed on your state tax form and it can effect your tax due to Kentucky. Which shouldn’t be a thing. If my spouse already paid taxes to one state, Kentucky shouldn’t be able to try and make us pay more taxes here. It was SO confusing. Not a single tax software program that I found would allow me to file properly either, so I HAD to find a tax professional to help. Which, when stationed as a recruiter, it is hard to find anyone honoring military discounts or providing free services for service members.

    • Kate Horrell says

      Manda, I’m not familiar with the specifics of Kentucky’s tax laws, but in most states you include all income (from both spouses) then the income that is not attributable to that state is taken back out, so that you’re not being double taxed. Kentucky has you back out the military income using the KY Schedule M. Is that not included in your tax return?

      Just as an example, both my husband and I are Florida residents, but we also have to file in Maryland and Virginia because we own houses there. For each state, our entire income is listed, then the income that is attributable to other states is deducted, leaving on the income from that state to be taxed.

      You may find these instructions helpful:

  4. Lisa R says

    I would add investing time to understanding GI Bill benefits, especially the requirements to transfer benefits.

    Lots of people assume they will have transferred benefits, but didn’t go through the process to actually transfer them.

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